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(India) Indians might be squeamish about paper made from “elephant poo” — as the stamp on the sheets declares — but Shekhawat has found that it is a hit abroad. The paper is exported to Germany and the UK... read more »
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(USA) Aldabra 2 Acquisition Corp. has announced that Aldabra shareholders of record on January 16, 2008 (the “Record Date”) will be entitled to notice of, and to vote at, a special meeting of stockholders (“Special Meeting”) relating to the proposed acquisition... read more »
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(Indonesia) A report released by World Wildlife Fundrnrevealed that paper giant Asia Pulp & Paper (APP) and its affiliates are in the process of constructing a massive highway for logging vehicles that threatens one of Indonesia's most important forests... read more »
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(USA) Weyerhaeuser has announced that Claire S. Grace has been named vice president in addition to her existing roles as corporate secretary and assistant general counsel. She reports to Sandy McDade, senior vice president and general counsel. read more »
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(USA) Katahdin Paper of Millinocket has agreed to pay a fine of more than $100,000 for wastewater discharges that state officials say triggered a massive algae bloom in the Penobscot River last summer... read more »
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(Norway) Norske Skog, the world’s second-largest newsprint producer, faces a serious challenge this week from activist shareholders who want to break up the group. Unionen – owned by prominent Norwegian investors Petter Stordalen, Øystein Stray Spetalen and Ove Gusevik – has called... read more »
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(USA) SCA Tissue has announced plans to invest $23 million at its Menasha mill during the next 18 months as part of a project aimed at meeting competition from China for wastepaper head on. read more »
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(Finland) Protesters in the northern community of Kemijärvi opposed to plans by paper manufacturer Stora Enso to close down a local pulp mill occupied the facility on Thursday afternoon. About 300 people took part in the action, which proceeded peacefully. read more »
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(USA) Neenah Paper is now the biggest purchaser of renewable power from We Energies. The paper manufacturer said it has committed to purchasing more than 48 million kilowatt-hours of renewable energy from We Energies through the Energy for Tomorrow program. read more »
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(North America) Effective immediately, the Paper Technologies and Ventures group of Hercules Incorporated (NYSE:HPC) will initiate price increases in North America for the majority of its sizing agents, polymers, and strength additives... read more »
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(USA) Odyssey Investment Partners LLC announced today that it has acquired Ranpak Inc., a leading global manufacturer and marketer of "in-the-box" paper-based protective packaging, from American Capital Strategies Ltd. (Nasdaq: ACAS). Financial terms of the transaction were not disclosed.
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(USA) Standard & Poor's (NYSE:MHP) Ratings Services said it has assigned Boise Paper Holdings LLC, formerly a unit of Boise Cascade LLC, its 'BB-' corporate credit rating with a stable outlook. read more »
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(India) Come April 2008 and Delhi will become the first state in the country to do away with printed “stamp paper”, which is currently mandatory for property-related documentation... read more »
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(Canada) Canada’s Hamilton Paper Box Holding Corp. (HPB), a portfolio company of Florida Capital Partners, has been purchased by Rosmar Litho, Inc., a portfolio company of Novacap Investments, Inc... read more »
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(USA) A hydrogen explosion damaged part of the Eka Chemicals plant on Road N Northeast in Moses Lake Friday afternoon. There were no injuries reported. The Moses Lake facility produces sodium chlorate, a chemical used in bleaching paper. read more »
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